Search Content

Accounting

ACCOUNT FOR əˈkaʊnt fɔr

12 May 2023

Phrasal Verb

  • explain.
Example Sentence: She was unable to account for over $5000.
 

AMORTISATION əˌmɔːtaɪˈzeɪʃən

05 May 2023

Noun

  • the repayment of debt in small regular amount.
Example Sentence: Company earnings before interest, tax and amortisation grew by 10%.
 

RECEIVABLES rɪˈsivəbəls

17 Apr 2023

Noun

  • money that a business expects to receive.
Example Sentence: The company generates roughly $400 million in receivables annually.
 

PROFITABLE prɒfɪtəbəl

15 Apr 2023

Adjective

  • making money or likely to make money in the future.
Example Sentence: The most profitable industries are those that are difficult to enter.
 

PARENT COMPANY pɛərənt kʌmpəni

14 Apr 2023

Noun

  • a company that owns control of one or more subsidiary companies.
Example Sentence: It is the parent company of several publishing firms.
 

OUTLOOK aʊtˌlʊk

12 Apr 2023

Noun

  • how the future looks based on current predictions.
Example Sentence: The outlook for small firms has worsened in recent months.
 

CASHFLOW kæʃ floʊ

23 Mar 2023

Noun

  • the amount of money moving through a company.
Example Sentence: Accountants can advise on systems for managing cashflow.
 

CAPITAL EXPENDITURE kæpɪtl ɪkˈspɛndɪtʃə

22 Mar 2023

Noun

  • the cost of long-term improvements.
Example Sentence: They do not have enough cashflow to cover their capital expenditure.
 

TURNOVER tɜrnˌoʊvər

13 Mar 2023

Noun

  • the rate at which employees join and leave a company.
Example Sentence: The turnover of workers in the new restaurant business is very high.
 

TURN OVER tɜrn oʊvər

12 Mar 2023

Phrase

  • to do business to a certain amount of money/products.
Example Sentence: We turned over most of our stock last month.
 

RED INK rɛd ɪŋk

14 Feb 2023

Phrase

  • debt (the red ink on a financial statement).
Example Sentence: The automobile company has much red ink because of the bad economic conditions.
 

KEEP BOOKS kip bʊks

18 Jan 2023

Phrase

  • to keep records of money that is gained or spent.
Example Sentence: The new sales manager does not know how to keep books and he has made many mistakes.
 

LIQUID ASSETS lɪkwɪd æsɛts

06 Jan 2023

Phrase

  • property or belongings that can easily be converted to cash.
Example Sentence: The company had to sell some of its liquid assets in order to raise cash.
 

IN THE RED  

31 Dec 2022

Phrase

  • to be losing money, to be unprofitable.
Example Sentence: The company has been in the red since the price of oil began to rise rapidly.
 

IN THE BLACK  

29 Dec 2022

Phrase

  • to be successful, to be making money, to be profitable.
Example Sentence: The new company has been in the black for many years now.
 
Menu